Bucher Industries : Annual general meeting approves all proposals from the board of directors
April 19, 2017 at 02:45 pm EDT
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Annual general meeting approves all proposals from the board of directors
At today's annual general meeting, the shareholders of Bucher Industries AG approved all the board's proposals. A dividend of CHF 5.00 per registered share will be paid out. 211 shareholders with voting rights attended. Altogether, 70.91% of all votes were represented.
In his report to the annual general meeting, Jacques Sanche, CEO of Bucher Industries AG, said the Group had mastered a challenging year in 2016 and anticipates an improved performance in the current year. He said the Group's highly skilled employees had made a particularly valuable contribution. The shareholders present went on to ratify all the proposals of the board of directors. They confirmed all the members standing for election to the board of directors and the remuneration committee. They also re-elected Philip Mosimann as chairman.
Ernst Bärtschi (65) did not stand for re-election having served twelve years on the board. The board of directors thanked him for his valuable contribution to the success of Bucher Industries and wished him all the best for the future. Following the departure of Ernst Bärtschi, the board of directors will comprise six members.
A large majority of the annual general meeting also approved the remuneration of the members of the board of directors and group management.
The dividend of CHF 5.00 per registered share will be paid out to shareholders on 25 April 2017. As of 21 April 2017, the shares will be traded without the right to dividends.
The next ordinary annual general meeting will take place on 18 April 2018 at 3.30 pm at the Mövenpick Hotel in Regensdorf, Switzerland.
The following documents about the 2017 annual general meeting are available on the Bucher Industries website at
Annual general meeting
:
Invitation to the annual general meeting, including information on the agenda
Presentation on the business performance in 2016, including notes on the remuneration packages
The minutes of the annual general meeting, once they become available
Simply great machines
Bucher Industries is a global technology group with leading market positions in speciality areas of mechanical and vehicle engineering. The company's operations include specialised agricultural machinery, municipal vehicles, hydraulic components, manufacturing equipment for the glass container industry and for wine and fruit juice production, as well as automation technology. The group's shares are traded on the SIX Swiss Exchange (SIX: BUCN).
19.04.2017
Bucher Industries AG published this content on 19 April 2017 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 19 April 2017 18:45:18 UTC.
Original documenthttp://www.bucherindustries.com/en/node/39535
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Bucher Industries AG is a Switzerland-based company engaged in the development and manufacture of machinery and equipment used for a range of purposes, such as harvesting, producing and packaging healthy foods, keeping cities clean and roads safe or hydraulic systems. The Companyâs operations are structured into five segments: specialized agricultural machinery (Kuhn Group); municipal vehicles (Bucher Municipal, including the subsidiary J. Hvidtved Larsen A/S); hydraulic components (Bucher Hydraulics); manufacturing equipment for the glass container industry (Emhart Glass); systems and technologies for the production of wine, fruit juice and instant products, and for dewatering sewage sludge, as well as a distributorship for tractors and agricultural machinery in Switzerland (Bucher Specials). On March 28, 2014, it acquired Montana, a Brazilian manufacturer of crop sprayers and fertilizer spreaders, specializing in self-propelled crop sprayers.
BUCHER INDUSTRIES AG 
